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Apr 22, 2013
04/13
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but are you going to have to raise prices because of this tax? >> no. we expect it's fwoing to be absorbed in the business. you think about the pressure that's on health care right now. we don't think it's necessarily going to be able to be passed through. so as a result we're going to have to be more effective, more efficient. we think there's still a tremendous opportunity for us not only here in the developed markets like the united states but particularly in emerging markets as well. >> where many emerging markets are big opportunities? are you talking about a place like china where you're seeing 7%, 8% growth? india? where are the real exciting opportunities? i guess latin america is also something to discuss. >> we're investing disproportionately in the emerging markets, particularly in places like china. when you think about the opportunity, right now there's about 150 million people in the s-1, premium market. we see that probably expanding by three-fold over the next 10 to 20 years. over there as well, when you've got the emerging middle class
but are you going to have to raise prices because of this tax? >> no. we expect it's fwoing to be absorbed in the business. you think about the pressure that's on health care right now. we don't think it's necessarily going to be able to be passed through. so as a result we're going to have to be more effective, more efficient. we think there's still a tremendous opportunity for us not only here in the developed markets like the united states but particularly in emerging markets as well....
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Apr 22, 2013
04/13
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FBC
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temrary slump? with the spark miles card from capital one, bjorn earns unlimited rewas for s small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in y
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 22, 2013
04/13
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KRCB
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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
SFGTV: San Francisco Government Television
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Apr 22, 2013
04/13
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. >> item 18 is a resolution approving the issuance of tax exempt obligation by the california enterprise development authority in an aggregate principal amount not to exceed 9 million to finance and refinance various capital facilities owned by the progress foundation. >> same house same call? this resolution is adopted. [gavel] >> item 19. >> item 19 is an ordinance [speaker not understood] general fund reserve of approximately 4.3 million to support shortfalls in the sheriff's department for fiscal year 2012 through 13. >> supervisor farrell. >> thank you, president chiu. colleagues, this is a supplemental that came before our budget and finance committee last week from our sheriff's department. it's the third supplemental we've seen this budget season. the first of the public defenders which is going to be coming back for another hearing soon and second obviously the department of public health supplemental. the reason for the supplemental were twofold. one, unknown workers' compensation costs due to a few big claims that were not predicted last year as well as overtime costs due larg
. >> item 18 is a resolution approving the issuance of tax exempt obligation by the california enterprise development authority in an aggregate principal amount not to exceed 9 million to finance and refinance various capital facilities owned by the progress foundation. >> same house same call? this resolution is adopted. [gavel] >> item 19. >> item 19 is an ordinance [speaker not understood] general fund reserve of approximately 4.3 million to support shortfalls in the...
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Apr 22, 2013
04/13
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tax codes? currentreduce the rate tax rate from 35 percent down to 28% and reduce these tax breaks, the ones we have been talking about today. or expenditures, what ever you want to call them, in 2011, cost the u.s. government $1.10 trillion in forgone federal revenue. about 85% of that was for individual tax expenditures. these are things that we're familiar with -- the mortgage interest rate deduction or the donations.relatedchit only 20% of that or so was for corporate tax expenditures, some of which are the oil and gas company tax breaks. host: from twitter -- go to jackson, tenn. on our independent line. ofler: i have a couple comments and a question. the revenue the government is taking in is the lowest in six years. from this information cspan. the corporations -- it gets so tiresome hearing people talk about a high tax rate for corporations in the united states when, in effect, they are paying around 12% effective tax rate. of them pay no taxes. to the oil companies, a few moments ago, y
tax codes? currentreduce the rate tax rate from 35 percent down to 28% and reduce these tax breaks, the ones we have been talking about today. or expenditures, what ever you want to call them, in 2011, cost the u.s. government $1.10 trillion in forgone federal revenue. about 85% of that was for individual tax expenditures. these are things that we're familiar with -- the mortgage interest rate deduction or the donations.relatedchit only 20% of that or so was for corporate tax expenditures, some...
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Apr 22, 2013
04/13
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FBC
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that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> good morning, everyone, sorry to tell you this, but here comes maximum pain. air travelers, listen up. your chances of a flight delay just went up. those furloughs are in place for air traffic contollers, they've got to take one day off every two weeks. ra ray lahood, the same may that told us to drive toyotas, he said they're unavoidable. sequester cuts are here and the
that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures...
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Apr 22, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. [ticking] >> having become a part of so many lives, facebook's creation is now the fodder of myths, the subject of lawsuits, a number of books, and the social network, an award-winning 2010 movie, all fo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get...
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Apr 22, 2013
04/13
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CNNW
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com introducing bbm video with screen share. hey aleigh. hey! carol! update on 171 woodward..... let's other people see what's on your screen. and these are the material studies. the dog was my suggestion. aleigh. aleigh! it's great. but i'm on vacation for another week, remember? oh, right! i'll call you tomorrow! ok. but don't. carol? the blackberry z10 with screen share. powerful communication on the powerful network. verizon. [ female announcer ] every baby can have the freedom to move their way, in pampers cruisers. they adapt at the waist, legs and bottom, with up to 12 hours of protection for our driest, best fitting diaper pampers. to your table for a limited time! it's our seafood dinner for two for just 25 dollars! a handcrafted seafood feast made to share. first you each get salad and unlimited cheddar bay
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com introducing bbm video with screen share. hey aleigh. hey! carol! update on 171 woodward..... let's other people see what's on your screen. and these are the material studies. the dog was my suggestion. aleigh. aleigh!...
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Apr 22, 2013
04/13
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as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov when we come back. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >>> about >>> about an hour into trading and some of the stories we're squawking about. existing home sa
as they're essentially a sales tax on investors. the financial industry is worried that this could be a back door financial transaction tax. >> there are a lot of taxes moving in washington, that's for sure. >> thanks a lot, eamon javers. when we come back the sequester effect on travel. faa employee furloughs began yesterday so should we all get ready for a lot more airport delays all around the country? we'll talk to the department of transportation inspector general mary shaf ov...
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Apr 22, 2013
04/13
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we're in a cycle now, it's the fourth year in a row where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for these earnings reports this week. in the meantime among your markets, gold has bounced big today. the dollar is still flirting with 100 yen. what are you watching? what are the benchmarks you're keeping an eye on this week? >> well, you know what, i think the biggest benchmark that i'm going to pay attention to is the dax stock index in germany. it's down about 1.75% on the year. last week not only were eurozone car sales, registrations off, but germany was off in particular. i think keep it simple. i think as those auto numbers deteriorate, it's just going to exaggerate all the other weaker economies. and
we're in a cycle now, it's the fourth year in a row where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for...
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Apr 22, 2013
04/13
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use taxes. furthermore, the creation of this new enforcement scheme will create significant new incentives for states to establish new sales taxes and new use taxes and also to increase the tax rates that exist now for these particur items. ultimately, the marketplace fairness act is going to require consumers to pay an additional $22 billion in sales taxes they have never had to pay before. in fact, unless the u.s. pursues ngents to govern theteonal et economy, the types of arrangements sought by chierch d a host of other states, foreign internet retailers will only continue to have the carpet testify advantage -- competitive advantage that the marketplace fairness act would artificially provide them. that, mr. president, is not what the moron economy needs. that's not what what's going to promote online innovation in vavment irhope my colleagues will oppose this marketplace fairness act. it is premature. it is more than anything else, mr. president -- it is coercive. it is coercive. now, we're
use taxes. furthermore, the creation of this new enforcement scheme will create significant new incentives for states to establish new sales taxes and new use taxes and also to increase the tax rates that exist now for these particur items. ultimately, the marketplace fairness act is going to require consumers to pay an additional $22 billion in sales taxes they have never had to pay before. in fact, unless the u.s. pursues ngents to govern theteonal et economy, the types of arrangements sought...
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Apr 22, 2013
04/13
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>>> plus, a push to put sales tax all over the internet. we'll tell you how it will affect you coming up. >>> we're watching sunshine all over the bay area this morning off to a sunny start in san jose. could be nearing records later this afternoon. your forecast is coming up. >> sunny and slowing for the east shore freeway. while that is not unusual, we do have an unexpected crash south 880 as you are headed down through hayward. we'll bring you that coming up. enough about the book, i want to hear about your date. well, he showed up in a van. [ women ] oh-awww. [ voices in background ] [ female announcer ] swapportunity. the opportunity to swap a higher calorie snack for a delicious 90 calorie yoplait light. ♪ sorry... about your date, the details of your date. [ female announcer ] just one swap a day helps keep the calories away. yoplait. it is so good. >>> people here are very resilient. you have to go forward. >> boston strong, the new rally cry as the city tries to regroup and heal one week to the day after two bombs ripped through
>>> plus, a push to put sales tax all over the internet. we'll tell you how it will affect you coming up. >>> we're watching sunshine all over the bay area this morning off to a sunny start in san jose. could be nearing records later this afternoon. your forecast is coming up. >> sunny and slowing for the east shore freeway. while that is not unusual, we do have an unexpected crash south 880 as you are headed down through hayward. we'll bring you that coming up. enough...
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Apr 22, 2013
04/13
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it would exempt them from the state sales tax. that financial incensive will help steer customers and consumers toward buying hybrids and also reduce pollution as well. >>> sal is covering traffic. bay bridge. i feel like i'm on the verge of a sneeze. >> she's got a sneeze. it's just waiting. >> i will take it from here. we will turn the microphones off for a second and you can have a couple sneezes. i know how that feels. i better not think about it. i may sneeze too. westbound bay bridge. westbound traffic a little bit of a backup here. usually the metering lights don't go on until 6:15 or so. if this continues they may go on a little bit early. if you are driving on interstate 880 it still looks pretty good in oakland. and on the peninsula 101 and 280 are also looking good if you are taking the san mateo bridge it has been a nice drive. 5:49 let's go to steve. >>> thank you. clear skies. fog coming up the coast down and around point conception. and also roaring down the coast but still well enough offshore it's not even close y
it would exempt them from the state sales tax. that financial incensive will help steer customers and consumers toward buying hybrids and also reduce pollution as well. >>> sal is covering traffic. bay bridge. i feel like i'm on the verge of a sneeze. >> she's got a sneeze. it's just waiting. >> i will take it from here. we will turn the microphones off for a second and you can have a couple sneezes. i know how that feels. i better not think about it. i may sneeze too....
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Apr 22, 2013
04/13
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. >>> there cob a bill to collect sales tax on all online purchases. that will give local governments in as much as $11 billion in additional revenues they are owed. until now, the rule has been as long as the retailer didn't have a physical presence in the state where the consumer was shopping, the company didn't have to collect sales tax. ebay is fighting back. they are e-mailing users to recruit them to lobby against the senate bill. scott? >>> 5:13. jon and laura, over the weekend, i had a chance to host the tech challenge awards where kids create an invention to solve a problem. it is very involved. this year, more than 3500 kids participated. here is me handed out awards at the elementary school level. scott budman did the same for junior high. this year, girls teams made up 49% of the entries. >> that's fantastic. >> it is. we do something with eastside high school district as well, their science fair. it is more than 50%. girls in stem is an important issue. it is working. we are winning. girls are winning. we are all winning. >> all right. >>
. >>> there cob a bill to collect sales tax on all online purchases. that will give local governments in as much as $11 billion in additional revenues they are owed. until now, the rule has been as long as the retailer didn't have a physical presence in the state where the consumer was shopping, the company didn't have to collect sales tax. ebay is fighting back. they are e-mailing users to recruit them to lobby against the senate bill. scott? >>> 5:13. jon and laura, over the...
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Apr 22, 2013
04/13
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loan that is expected to be repaid by fans buying seat licenses, corporate partnerships the 49ers and tax revenue. $240 million went to brick and mortar. they stress the project does remain on budget. >>> a very disappointing night for sharks fans. the team missed clinching a spot in the stanley cup play-offs tonight. here is a live look at the hp pavilion, where a turnover led to a late goal giving the columbus blue jackets a 4-3 victory over the sharks. fans haven't given up hope for the team to have a strong finish. >> heartbreaking. we came all the way from fresno to watch it. it was a great game. it was a great game. >> expectations? >> i'm expecting play-offs. i want a stanley cup in san jose. >> the sharks say they just have to regroup and get ready for the next game, which is tuesday against dallas. and that's going to be the sharks' last home game of the season. >> they'll clinch it then. >>> the water fountains in downtown san jose were popular with kids today and some adults. it's hot for this time of year, but it's not unbearable. it seems lick a lot of folks enjoyed the weath
loan that is expected to be repaid by fans buying seat licenses, corporate partnerships the 49ers and tax revenue. $240 million went to brick and mortar. they stress the project does remain on budget. >>> a very disappointing night for sharks fans. the team missed clinching a spot in the stanley cup play-offs tonight. here is a live look at the hp pavilion, where a turnover led to a late goal giving the columbus blue jackets a 4-3 victory over the sharks. fans haven't given up hope for...
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Apr 22, 2013
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. >> i feel like they are already getting money from taxes. they charge you for everything in the world. i think it's an added cost that is not necessary. >> they are messy. people throw them everywhere. they do plug stuff up. i would like it to be a little cleaner for my grand kids as they grow up. >> californian's reuse about 20 billion plastic bags every year. today some stores will hand out their bags for free. you keep your bags in the trunk and forget them so i ask people on facebook a very funny conversation going on about where people keep their bags. how they remember to bring their bags. >> after going in and having to pay because they are in the car i'm going to start remembering them now. >> right. maybe there is the incentive. >>> good morning, everybody. let's take a look at what we have now. we have a new crash in san francisco i want to mention. northbound 101 near the 280 interchange. one car hit the wall there. it's causing slow traffic coming up from near candle stick. let's go out and take a look at commute at the bay bridg
. >> i feel like they are already getting money from taxes. they charge you for everything in the world. i think it's an added cost that is not necessary. >> they are messy. people throw them everywhere. they do plug stuff up. i would like it to be a little cleaner for my grand kids as they grow up. >> californian's reuse about 20 billion plastic bags every year. today some stores will hand out their bags for free. you keep your bags in the trunk and forget them so i ask...
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Apr 22, 2013
04/13
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. >> internet sales tax, here it comes. huge new tax. >>brian: maybe take my advice and restructure that show of yours. you might want to think of that. >>steve: it is included as part of the mix. >>gretchen: he can do his radio show at the same time. >> fine promo, brian. >>gretchen: coming up on the show, he's the biggest baseball star in boston and his rallying cry not exactly p.g. for kids. should david ortiz -- should big papi get a pass? >>steve: eight jobs in eight years, and he never felt fulfilled. now he's got a new job. so what changed? the lessons you can learn from him and change your life. ♪ [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effe
. >> internet sales tax, here it comes. huge new tax. >>brian: maybe take my advice and restructure that show of yours. you might want to think of that. >>steve: it is included as part of the mix. >>gretchen: he can do his radio show at the same time. >> fine promo, brian. >>gretchen: coming up on the show, he's the biggest baseball star in boston and his rallying cry not exactly p.g. for kids. should david ortiz -- should big papi get a pass? >>steve:...
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Apr 22, 2013
04/13
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since there was no organizer for the event, city tax payers have to pay for it. >> big bucks there. >>> a warm start to the week but how long will it last. steve paulson will tell us when to expect a cooldown. >>> and check this out. a young boy a very horrifying close call with an alligator. we'll tell you how he was able to survive. >>> it looks like we have some slowing on southbound 101. this may be due to an earlier crash near candlestick. we'll give you the update straight ahead. [ male announcer ] enjoy delicious chicken made the way you say at subwa. with our oven roasted chicken, now a $3 six-inch select. make it your own with melty monterey cheddar or creamy ranch. and during april, the black forest ham is also a $3 six-inch select. subway. eat fresh. >>> a south florida boy is lucky to be alive after he was attacked by an alligator. he and his father planned to go canoeing off boynton beach. he wandered to the edge and an alligator bit on the right side of his body. >> grabbed my arm. i couldn't get out. >> i'll punching the alligator on top of the head as hard as i could.
since there was no organizer for the event, city tax payers have to pay for it. >> big bucks there. >>> a warm start to the week but how long will it last. steve paulson will tell us when to expect a cooldown. >>> and check this out. a young boy a very horrifying close call with an alligator. we'll tell you how he was able to survive. >>> it looks like we have some slowing on southbound 101. this may be due to an earlier crash near candlestick. we'll give you...
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Apr 22, 2013
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. >>> the senate could allow states to tax internet purchases adding $11 billion to state coffers and wall street gets back to work after the dow's worst weekly decline since june. back to you. >> mary, thanks. >>> in great britain, the duchess of cambridge, kate middleton appeared in public on sunday with her pregnancy more evident than ever. she stood in for queen elizabeth at a review of scouts while the queen celebrated her 87th birthday in private. the duchess and prince william are expecting the first child this summer. for those who are on royal baby bump watch -- if you have been living under a rock, did you know. >> when you said her name i perked up and i wanted to see bump. >> she looks beautiful. >> certainly does. >> mr. roker has more on the midwest flooding an the local forecast. >> not a lot of good news for friends in the midwest and winter won't let go. we have a funnel system. behind it a lot of cold air and snow for the upper midwest and the plains. ahead of it, a lot of wet weather. we are looking from sheridan up to dull lui. anywhere from six to nine inches of s
. >>> the senate could allow states to tax internet purchases adding $11 billion to state coffers and wall street gets back to work after the dow's worst weekly decline since june. back to you. >> mary, thanks. >>> in great britain, the duchess of cambridge, kate middleton appeared in public on sunday with her pregnancy more evident than ever. she stood in for queen elizabeth at a review of scouts while the queen celebrated her 87th birthday in private. the duchess and...
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Apr 22, 2013
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they don't have the same thing for paying taxes for the education of its college students today. one of the kingpins of hollywood mourned behind the scenes he seemed to lend solace time -- what were his lanning as? was he left, right, what were his politics? he was eventually a man devoted to the welfare of universal pictures. that's what he did, that's how he definedit seems t me thatase. so long as work to the benefit his studio and enterprise and was a vast enterprise but it reached full maturity. i don't think he was an evil man is no my mind a guy tending toy he was the leading entrepreneur of hollywood and he was the man people went to to settle disputes and problems and he was notoriously fairly honest broker he's a fascinating man and there's a tendency with people of great power and motion picture business there is a tendency to kind of step back and kind of fear, but i think in the largest sense he was an honest broker and there are not that many of them in the industry ever so i don't think we will know the full extent what he was doing, what he was not doing, that is
they don't have the same thing for paying taxes for the education of its college students today. one of the kingpins of hollywood mourned behind the scenes he seemed to lend solace time -- what were his lanning as? was he left, right, what were his politics? he was eventually a man devoted to the welfare of universal pictures. that's what he did, that's how he definedit seems t me thatase. so long as work to the benefit his studio and enterprise and was a vast enterprise but it reached full...